Liechtenstein Approves DTAs

11.06.2010

Liechtenstein’s government has approved double taxation agreements with Luxembourg and the Republic of San Marino, which were signed last year.

Liechtenstein’s Prime Minister Klaus Tschütscher emphasized that stability and credibility are the two key concepts for a successful future, and noted that with these two double taxation agreements, Liechtenstein recognizes the Organization for Economic Cooperation and Development’s (OECD) standard on transparency and information exchange in tax matters.

According to Tschütscher, the DTAs with Luxembourg and San Marino demonstrate that Liechtenstein is implementing the declaration made last year in terms of international tax cooperation. Liechtenstein will continue to position itself in future as an internationally recognized and integrated tax location with a modern and competitive tax system, he concluded.